Investing Updates : Some Thoughts Regarding Mari Invest Income Solution and its Underlying Income Unit Trust.

Source:

https://investmentmoats.com/money/mari-invest-income-solution/

Apple Intelligence:

• MariBank Ownership: Owned by Sea Group, a Singapore-based technology conglomerate.

• MariBank Services: Offers personal and business banking services through its mobile application.

• Mari Invest Income: A new investment product released by MariBank, currently available by invitation only.

• Investment Goal: Mari Invest Income aims to provide regular payouts.

• Investment Risk: Considered a higher risk investment compared to Mari Invest SavePlus.

• Fund Performance: Depends on the performance of the PIMCO GIS Income Fund, an actively managed fund.

• Ongoing Fee: 1.05% p.a., including management fee and trailer fees.

• Fund Performance: Historically good return (4.09% p.a. since inception) and a consistent monthly payout (nearly 6.49% p.a. based on historical distribution as of 31 Dec 2024).

• Payout Characteristics: Not guaranteed and may differ from past performance, despite consistent and increasing per unit payout history.

• Fund Composition: PIMCO GIS holds a significant portion (36%) in Federal National Mortgage Association (FNMA) mortgage-backed securities.

• FNMA MBS Characteristics: Offer high yields, benefit from rising interest rates, implicitly backed by the US government, sensitive to interest rate changes, and may not appreciate as much when interest rates fall.

• PIMCO GIS Fund Classes: Various classes exist, including hedged and unhedged options in different currencies (AUD, EUR, GBP, HKD, SGD, USD).

• Fund Class Fees: Different fund classes have varying ongoing fees: ADMIN (1.05% p.a.), E (1.45% p.a.), HINST (0.72% p.a.), INST (0.55% p.a.), INVST (0.90% p.a.).

• Fee Distribution: Fees paid for the PIMCO GIS Income fund are distributed among PIMCO, fund distributors (e.g., Maribank), and advisory firms.

• Investor Considerations: Investors should focus on understanding the fees, the underlying investment (PIMCO GIS Income fund), the investment risk, its role in their overall financial plan, and the associated risks.

Investing Updates : ETF Giants Reshuffle: VOO Claims Top Spot, Is IVV Poised to Overtake SPY as the No. 2 ETF?

Source:

https://www.moomoo.com/community/feed/etf-giants-reshuffle-voo-claims-top-spot-is-ivv-poised-114035668681110

Apple Intelligence:

• Largest ETF: Vanguard S&P 500 ETF (VOO) surpassed SPDR S&P 500 ETF (SPY) as the world’s largest ETF.
• Reason for Success: VOO’s low expense ratio (0.03%) compared to SPY (0.09%) attracted more investors.
• Growth Trend: VOO’s AUM surpassed SPY’s in a shorter time and experienced higher annual inflows.

• Vanguard’s ETF Success: Vanguard’s unique ETF structure and ecosystem have attracted significant investment, with VOO receiving $154 billion since 2022.
• Market Dominance: VOO, while not dominating trading volume like SPY, thrives on long-term capital and is favored by retail investors.
• Competition and Growth: BlackRock’s IVV, with its low expense ratio and growing AUM, is poised to surpass SPY as the second-largest ETF.

• Expense Ratio Impact: A 0.06% difference in expense ratio can result in nearly $15,000 more after 30 years, highlighting the importance of expense ratios for long-term investors.
• Investment Inflows: IVV attracted significantly more investment inflows than SPY in 2024, suggesting a potential shift in investor preference.
• Performance Comparison: VOO and IVV, with lower expense ratios, have outperformed SPY, leading to their increasing popularity.

• Popular ETFs: VTI, QQQ, VOO, and IVV are popular ETFs.
• VTI Characteristics: Offers exposure to the entire U.S. stock market with a low expense ratio.
• QQQ Characteristics: Tracks the Nasdaq-100 Index, heavily weighted towards tech companies, with a higher expense ratio.

Investing Updates : Tiger Brokers adopts DeepSeek model as Chinese brokerages, funds rush to embrace AI

Source:

https://finance.yahoo.com/news/tiger-brokers-adopts-deepseek-model-070602587.html

Apple Intelligence:

• DeepSeek Integration: Tiger Brokers integrated DeepSeek’s model into its AI-powered chatbot, TigerGPT.

• DeepSeek Adoption: At least 20 Chinese brokers and fund managers have started integrating DeepSeek models into their businesses.

• DeepSeek’s Impact: DeepSeek’s integration with Tiger Brokers will enable customers to analyze valuations, make trading decisions, and gain insights into investments.

• AI Adoption Impact: Rapid AI adoption is expected to boost financial IT spending by 24% in five years, benefiting vendors like Hundsun, Northking, and iSoftStone.

• DeepSeek R1 Influence: The launch of DeepSeek R1 is anticipated to accelerate GenAI adoption in the financial industry in 2025, particularly in data-heavy and labor-intensive areas.

• TigerGPT Enhancement: TigerGPT’s investment assistant has been upgraded with DeepSeek integration, enhancing logical reasoning and market analysis capabilities.

• AI Application in Finance: AI helps financial companies utilize vast amounts of data for better management, marketing, and investing.

• DeepSeek Model Adoption: Financial institutions are actively discussing the adoption of DeepSeek’s models for internal use.

• Data Utilization: AI enables financial companies to make better use of previously unused data.

Investing Updates: China's Terrific Ten Are Beating Mag 7. Will the Current Momentum Carry On?

Source:

https://www.moomoo.com/community/feed/114019750576134?global_content=%7B%22promote_content%22%3A%22mm%3Afeed%3A114019750576134%22%2C%22invite%22%3A103096561%7D&is_recommendation=0&is_recommend_pos=1&futusource=news_headline_list

Apple Intelligence:

• Chinese Tech Stock Performance: The Hang Seng TECH Index surged by 23.08% since the start of the year, driven by the performance of major Chinese tech firms known as the ‘Terrific Ten’.

• Government Support: Chinese President Xi Jinping met with leading entrepreneurs, including Jack Ma, to boost entrepreneurial spirit and potentially fuel a long-term rally in Chinese tech stocks.

• Market Sentiment: Despite a slight drop in Hong Kong tech stocks on Monday, analysts view the meeting with President Xi as a positive sign for the sector.

• Government Support for Tech Industry: The meeting highlights the government’s strong backing for the tech industry as a key driver of economic growth.

• Positive Market Sentiment: The meeting is seen as a positive signal for the private sector, potentially leading to further AI-driven market growth and improved sentiment.

• Upcoming Drivers for Chinese Stock Market: Key drivers include the upcoming earnings season and the Two Sessions scheduled for March.

• Tech Giants’ Earnings Outlook: China’s top eight tech giants are experiencing a positive outlook for 2025, with earnings forecasts increasing by over 7% on average since mid-2024.

• Profit Growth Drivers: Industry leaders like Xiaomi, JD.com, and Meituan have raised their profit expectations, driven by factors such as Xiaomi’s robust EV sector and economic stimulus.

• Analyst Forecast Revisions: The initiation of fourth-quarter earnings could lead to upward revisions in analyst forecasts to align with recent price increases.

• Two Sessions Impact: China’s annual parliamentary meeting, the Two Sessions, starting on March 5, 2025, is expected to significantly influence the Chinese stock market due to discussions on policy goals and economic stimuli.

• Analyst Predictions: Deutsche Bank analyst Peter Milliken predicts a gradual elimination of the “valuation discount” on Chinese stocks in 2025, urging investors to reevaluate China’s competitiveness.

• DeepSeek’s Influence: Invesco’s Ma Lei highlights DeepSeek’s competitive AI performance at lower costs, suggesting it could catalyze a reevaluation of the Chinese stock market and benefit listed companies.

• Positive Market Sentiment: HSBC views DeepSeek positively, citing technological advancements and cost benefits.

• Growth Sectors: DeepSeek is expected to boost investment sentiment in Chinese growth sectors, particularly AI applications, computational power, and humanoid robots.

• Market Outlook: AI-related sectors are anticipated to be a highlight in the Chinese stock market during the first quarter of 2025.

Opinion:

Nice chart of Mag 7 vs Terrific 10.

Innovation happens when there's competition. 

Just hope there's more peace between the countries 😅

Investing Updates : Alibaba, Grab, Walmart Earnings; Fed Minutes; Manufacturing Update: What to Watch This Week

Source:

https://ttm.financial/news/2512515499?lang=en_US&edition=fundamental

Apple Intelligence:

• Market Closure: U.S. markets will be closed on Monday for Presidents Day.

• Earnings Reports: Arista Networks, Devon Energy, Medtronic, and Occidental Petroleum report on Tuesday, followed by Analog Devices and Garmin on Wednesday. Alibaba Group Holding, Block, Booking Holdings, Newmont, and Walmart will be Thursday’s highlights.

• Economic Indicators: Minutes from the Federal Open Market Committee’s late January meeting will be published on Wednesday afternoon. S&P Global will release both its Manufacturing and Services Purchasing Managers’ Indexes for February on Friday. Housing data to watch this week will include the National Association of Home Builders’ Housing Market Index for February on Tuesday, the Census Bureau’s housing starts for January on Wednesday, and the National Association of Realtors’ existing-home sales for January on Friday.

• Market Closure: Equity and fixed-income markets are closed on Presidents Day.

• Earnings Reports: Companies like Arista, Cadence Design Systems, Celanese, and others will release quarterly results on Tuesday.

• Economic Indicators: The National Association of Home Builders releases its Housing Market Index for February on Tuesday, and the Census Bureau reports new residential construction data for January on Wednesday.

• Earnings Reports: Akamai Technologies, Alibaba, Baxter International, Block, Booking, Builders FirstSource, CenterPoint Energy, Cheniere Energy, Copart, Epam Systems, Hasbro, Insulet, LKQ, Live Nation, Newmont, Nu Holdings, Pool Corp., Quanta Services, Southern Co., Targa Resources, and Walmart hold conference calls to discuss quarterly results.

• Economic Indicators: S&P Global releases Manufacturing and Services Purchasing Managers’ Indexes for February.

• Housing Market: The National Association of Realtors reports existing-home sales for January.

Opinion:

Should be a normal sideways week for markets.

Alibaba, Walmart and Grab will be grabbing attention.

Grok 3 chatbot would be an interesting AI development.

Investing Updates : Retirees should build nest egg of at least S$550,000 for ‘conservative’ needs, but Gen Zs, millennials could fall behind: DBS

Source:

https://www.businesstimes.com.sg/international/global/globalfoundries-sinks-red-us730-million-q4-loss-due-impairment-charge

Apple Intelligence:

• Retirement Savings Goal: A 65-year-old retiree would need a nest egg of at least S$550,000 to meet expenses based on “conservative needs” for 20 years.

• Younger Investors’ Savings: Younger investors are saving the smallest proportion of their monthly income for investment among all pre-retirement age groups.

• Younger Investors’ Investment Strategy: Younger investors who do start planning early are overly conservative and concentrate more than half their investments in fixed-income instruments.

• Investment Habits of Young Investors: Investors aged 25 to 44 invest the smallest proportion of their monthly income (15-17%) among pre-retirement age groups.

• Investment Allocation of Young Investors: Young investors tend to be overly conservative, allocating over half their investments to fixed-income instruments like T-bills and SSBs.

• Recommendation for Young Investors: Young investors are advised to allocate a larger portion of their investments to equities for potentially higher returns and consider diversifying into global and regional equities.

• Investment Performance Comparison: Equities historically offer significantly higher returns than bonds, with a 10-15% return over 15 years compared to bonds’ 0.7%-2% return.

• Equity Investment Advice: Younger investors should embrace equities despite volatility, as a long-term investment horizon mitigates short-term fluctuations.

• Retirement Income Generation: Older investors should focus on building passive income streams, such as unlocking equity from property, to ensure a sustainable retirement income.

Opinion:

I do agree that younger investors are taking too less risk. Just a personal feeling.

Everyone's "enlightenment" will occur differently.

I think wider reading and research will make the process faster.

Investing Updates : Here's the Breakdown for January CPI, in One Chart

Source:

https://www.moomoo.com/community/feed/here-s-the-breakdown-for-january-cpi-in-one-chart-113991310704645

Apple Intelligence:

• Inflation Rate: The annual inflation rate in the US increased to 3% in January 2025.
• Food Costs: Food costs rose by 2.5% YoY, consistent with the previous month’s data.
• Energy Costs: Energy costs increased by 1.0% YoY, after a 0.5% decrease in December.

Opinion:

Everyone thinks trump's policies will increase inflation even further 😅

More positive data is now required to boost market sentiment. End of wars might do it too.

Volatile times ahead.

Investing Updates : MAS review group proposes tax perks to boost Singapore’s equities market as a start

Source:

https://www.businesstimes.com.sg/companies-markets/mas-review-group-proposes-tax-perks-boost-singapores-equities-market-start

Apple Intelligence:

• Tax Incentives for Listings: The MAS review group proposes tax incentives to attract enterprises and fund managers to list in Singapore.

• Tax Incentives for Funds: The group aims to encourage the launch and growth of funds with substantial investment in local equities.

• Review Group Composition: The review group, chaired by Second Minister for Finance Chee Hong Tat, includes private-sector stakeholders and public-sector representatives.

• Market Competitiveness Improvement: Aiming to enhance the competitiveness of the Singapore equities market by attracting investor interest and boosting the supply of quality listings.

• Growth Capital Access: Developing measures to help Singapore enterprises access growth capital and attract quality enterprises with a regional presence to list in Singapore.

• Tax Incentives Limitation: Tax incentives might not fundamentally alter the decision-making process of companies deciding where to list, which is primarily based on market valuations.

• Positive Market Sentiment: Local banks’ outperformance indicates sufficient liquidity from Singapore investors for companies with good results.

• Regulatory Streamlining: Streamlining the listing process is seen as positive, but other factors like pricing, valuation, and market liquidity also need to be considered.

• GIC Investment Strategy: GIC should not be required to invest in local equities if it negatively impacts returns, as its primary objective is to preserve and enhance Singapore’s reserves.

• Sustainable Market Growth: Chee believes in strengthening market fundamentals for sustainable growth instead of relying on short-term “pump-prime” approaches.

• Upcoming Update: A fuller update on the review group’s first set of measures will be provided on February 21.

• Review Group’s Focus: The review group aims to foster long-term development and sustainable growth of Singapore’s equities market by encouraging listings, increasing investor participation, improving trading liquidity, and facilitating fair valuations.

Opinion:

I feel that the picture doesn't look good enough for the topic? 😂. 

I think the recent discussion on more options for CPF investing is a good thing.

The country has come a long way. Citizens are more educated and informed to make prudent financial decisions.

Investing Updates : What to Expect in the Week Ahead (COIN, APP, SMCI Earnings; US January CPI)

Source:

https://www.moomoo.com/community/feed/what-to-expect-in-the-week-ahead-coin-app-smci-113978437927718?global_content=%7B%22promote_content%22%3A%22mm%3Afeed%3A113978437927718%22%2C%22invite%22%3A103096561%7D&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list

Apple Intelligence:

• Earnings Release Date: Coinbase will announce its Q4 2024 financial results on February 13, 2025, after the market closes.
• Revenue and EPS Projections: $1.75 billion in revenue (83.80% year-over-year increase) and an EPS of $1.90 (82.82% year-over-year increase).
• Key Highlights: Strong double-digit growth in transaction revenue and subscription & services.

• SMCI Earnings Release: SMCI will release its fiscal Q2 2025 update on February 11, after the market close.
• SMCI Earnings Forecast: Analysts expect SMCI to report revenue of $5.78 billion, a 57.60% increase, and an EPS of $0.53, up 4.71%.
• Applovin Earnings Release: Applovin will release its Q4 financial results after market close on Wednesday.

• Shopify Earnings Release: Shopify will release its Q4 and full-year 2024 financial results on Tuesday, February 11.
• Analyst Expectations: Analysts anticipate a strong performance with a 27.4% year-over-year increase in revenue to $2.73 billion and a 71.2% rise in EPS to $0.43.
• Shopify Business Strategy: Shopify focuses on e-commerce software and services, reducing exposure to tariffs, and leveraging strategic growth drivers like attracting enterprise-level businesses and enhancing its platform with AI and automation.

Opinion:

Quite a few important companies are reporting earnings this week.

Plenty of data tabled for release also.

Markets should be volatile.

Investing Updates : Here's the Breakdown for US January Nonfarm Payrolls, in One Chart

Source: 

https://www.moomoo.com/community/feed/113962924245001?global_content=%7B%22promote_content%22%3A%22mm%3Afeed%3A113962924245001%22%2C%22invite%22%3A103096561%7D&is_recommendation=0&is_recommend_pos=1&futusource=news_headline_list

Apple Intelligence:

• Job Market Performance (January 2025): The US economy added 143,000 jobs, falling short of expectations and revised December figures.
• Sectoral Performance: Healthcare, retail trade, social assistance, and government employment experienced job gains.
• Unemployment Rate: The unemployment rate decreased to 4.0%, reaching its lowest point since May 2024.

Opinion:

So many things happening in the world right now. DeepSeek, Trump Tariffs/Policies, etc.

Not sure how important data is for market actions 😂.

For FED, this is probably quite important.

Investing Updates : Vanguard Cuts Fees on Dozens of ETFs, Mutual Funds

Source: https://www.etf.com/sections/news/vanguard-cuts-fees-dozens-etfs-mutual-funds?utm_source=yahoo-finance&utm_medium=rss&utm_campaign=yahoo-finance-rss

Apple Intelligence:

• Fee Reduction Impact: Vanguard’s fee cuts will save investors over $350 million in 2025.

• Fee Reduction Scope: The fee cuts apply to 168 mutual fund and ETF share classes, including both active and passive strategies.

• Fee Reduction Rationale: Lower costs enable investors to keep more of their returns, which compound over time.

• Fee Reduction Timing: May benefit bond investors as yields are expected to stabilize at higher levels.

• Performance of Vanguard Funds: 91% of active bond funds and ETFs outperformed their peer group average over the past decade.

• Expense Ratio Reduction Scope: Applies to U.S. equity, international equity, and money market funds, with immediate effect.

Opinion:

Good news for ETF lovers.

Hope more will follow suit to cut fees.

Investing Updates : Trump Tariffs, More Big Tech Earnings, and a Jobs Report: What to Know This Week

URL: https://ttmblog.com/news/2508193130?edition=fundamental&utm_source=news&utm_campaign=2508193130&utm_medium=more_share&platform=iOS&shareID=dbc786c435ccd8ab79ac6b4b4af3a55e&invite=KDXR9K&lang=en_US

DeepSeek:

Summary of Key Events for the Week Ahead (Feb 3–7):

1. Earnings Highlights
- Big Tech & Major Companies: A busy week for Q4 earnings, with 25% of S&P 500 companies reporting. Key names include:  
  - Monday (2/5): Palantir, Tyson Foods.  
  - Tuesday (2/6): AMD, Alphabet (Google), PayPal, PepsiCo, Pfizer, Spotify.  
  - Wednesday (2/7): Arm Holdings, Ford, Qualcomm, Uber, Disney.  
  - Thursday (2/8): Amazon, Eli Lilly, Honeywell, ConocoPhillips.  
  - Friday (2/9): Cboe Global Markets.  

2. Trump Tariffs Take Effect
- New tariffs announced by former President Trump on **Canada, Mexico, and China** go into full force by Tuesday, Feb 6:  
  - 25% duties on Canada and Mexico (linked to fentanyl and migration issues).  
  - 10% tariffs on China.  
  - Market reactions to trade policy shifts will be closely watched.

3. Economic Data Releases
- Jobs Report (Friday, Feb 9):  
  - Expected: +165,000 nonfarm payrolls (vs. +256,000 in Dec).  
  - Unemployment rate forecast to hold at 4.1%.  
- Other Key Data:  
  - JOLTS Report (Tuesday): Job openings expected at 8.02M (Dec).  
  - ISM Manufacturing PMI (Monday): Consensus 49.6 (contraction territory).  
  - ISM Services PMI (Wednesday): Forecast 54.2 (moderate growth).  
  - Consumer Sentiment (Friday): Slight uptick to 71.5 (Feb) from 71.1 (Jan). 

 
Weekly Calendar Snapshot
- Monday: ISM Manufacturing PMI, Clorox, Palantir earnings.  
- Tuesday: JOLTS data, Alphabet, AMD, Pfizer earnings.  
- Wednesday: ADP employment data, ISM Services PMI, Disney, Qualcomm earnings.  
- Thursday: Amazon, Eli Lilly, Honeywell earnings.  
- Friday: Jobs report, Consumer Sentiment, Cboe earnings.  

Focus Areas: Market reactions to tariffs, tech earnings performance, and labor market resilience amid inflation concerns.

Opinion:

Blood in the markets this week after Trump's tariffs. Could be good opportunity to add. I think there's no rush though, should have plenty of chances.

Investing Updates : February's Must-See Financial Events: Nvidia and Alphabet Earnings, Inflation Data

URL: https://www.moomoo.com/community/feed/113922953969670?global_content=%7B%22promote_content%22%3A%22mm%3Afeed%3A113922953969670%22%2C%22invite%22%3A103096561%7D&is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list

DeepSeek:

Summary of February's Key Financial Events:

January Recap:

U.S. stocks surged in January, with the S&P 500 reaching a record high of 6,128 (up 3.22% by Jan. 30). Major tech firms like Tesla, Meta, Microsoft, and Apple kicked off earnings season, while Chinese equities rallied sharply (+8.1% for the NASDAQ Golden Dragon China Index) driven by advancements in AI models.

February Highlights:

1. Earnings Spotlight: 

   - Alphabet (Google): Reports post-market on Feb. 4. Investors will focus on growth in Google Services/Cloud, 2025 guidance, and potential impacts of AI developments (e.g., DeepSeek).  

   - Nvidia: Releases results on Feb. 26. Key focus includes demand for its high-end AI chips amid competition from cost-efficient alternatives like DeepSeek, AI industry trends, and implications for semiconductor sector valuations.  

2. Macroeconomic Events:

   - Feb. 7: U.S. non-farm payrolls and unemployment data.  

   - Feb. 12: CPI inflation report.  

   - Feb. 19: FOMC meeting minutes release.  

   These indicators will clarify the U.S. economic outlook and shape expectations for the Fed’s rate-cut trajectory, influencing market volatility.

Why It Matters:

Alphabet and Nvidia’s earnings could signal tech sector health and AI momentum, while inflation and labor data will affect monetary policy bets. Investors will reassess risks and opportunities in equities amid evolving macroeconomic and competitive landscapes.

Opinion:

All eyes on U.S. CPI and Nvidia results. 

DeepSeek has caused some fear in U.S.

As ever, expect the unexpected. Might turn ultra bearish or bullish anytime.

Investing Updates : Big Tech Earnings, a Key Fed Meeting, U.S. GDP and PCE Datas: What to Know This Week

URL: https://ttm.financial/news/2506362662?lang=en_US&edition=fundamental

DeepSeek:

This week is packed with significant events for investors, including major earnings reports, key Federal Reserve and European Central Bank (ECB) meetings, and important economic data releases. Here's a summary:

Key Events:

1. Federal Reserve Meeting (Wednesday):

   - The Federal Open Market Committee (FOMC) is expected to keep interest rates unchanged at 4.25% to 4.5%.

   - Focus will be on Fed Chair Jerome Powell's press conference for insights into future rate decisions.

2. European Central Bank Meeting (Thursday):

   - The ECB is expected to cut its benchmark interest rate by 0.25% to 2.75%, continuing its rate-cutting trend from 2024.

3. Earnings Season:

   - Monday: AT&T, Nucor, and others report.

   - Tuesday: General Motors, Lockheed Martin, Starbucks, and more.

   - Wednesday: Meta, Microsoft, Tesla, IBM, and others.

   - Thursday: Apple, Intel, Mastercard, Visa, and more.

   - Friday: Chevron, Exxon Mobil, and others.

4. Economic Data Releases:

   - **Tuesday:** December durable goods orders (expected +0.8% month-over-month).

   - **Thursday:** Advance estimate of Q4 GDP growth (expected 2.6%, down from 3.1% in Q3).

   - **Friday:** December PCE price index (expected +2.5% year-over-year, core PCE +2.8%).

Other Highlights:

- Housing Data: New-home sales (Monday) and pending home sales (Thursday) will provide insights into the housing market.

- Chicago Business Barometer (Friday): Expected to rise slightly to 39.6 in January.

Market Focus:

- Investors will closely watch the Fed and ECB for signals on future monetary policy.

- Earnings reports from Big Tech (Meta, Microsoft, Apple) and other major companies will drive market sentiment.

- Economic data, particularly GDP and PCE, will offer clues on the health of the U.S. economy and inflation trends.

This week’s events will provide critical insights into the direction of monetary policy, corporate performance, and economic growth as 2025 begins.

Opinion:

Holiday week for Asia region. Fed policy decision on Wed and Big Tech earnings are key events for market. Will watch on the sidelines, not buying anything yet.